2 Bed Flat, Single Let, London, E15 2EU, £575,000

Corn House, Marshgate Lane, E15 2EU - 5 months ago

Leasehold

BTL

~68 m²

+4 photos

ValuationOvervalued

Sold Prices	£226K - £572K
Sold Prices/m²	£3K/m² - £11.9K/m²

Square Metres	~68.11 m²
Price/m²	£8.4K/m²
Value Estimate	£406,033£406,033

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£143,750£143,750
Stamp Duty & Legal Fees	£34,700£34,700
Total Cash In	£178,450£178,450

Cash Out
Rent Range	£1,520 - £4,400£1,520 - £4,400
Rent Estimate	£1,696
Running Costs/mo	£2,156£2,156
Cashflow/mo	£-460£-460
Cashflow/yr	£-5,521£-5,521
Gross Yield	4%4%

Local Sold Prices

47 sold prices from £226K to £572K, average is £367K. £3K/m² to £11.9K/m², average is £6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£275K	08/21	0.13 mi	2, Otter Close, London, Greater London E15 2PZ	£4,661	59	2	Flat
£367K	06/21	0.13 mi	8, Otter Close, London, Greater London E15 2PZ	£6,016	61	2	Flat
£370K	04/21	0.13 mi	43, Otter Close, London, Greater London E15 2PZ	£6,736	55	2	Flat
£353K	02/21	0.14 mi	100, Otter Close, London, Greater London E15 2PX	£6,193	57	2	Flat
£372.5K	06/23	0.15 mi	79, Otter Close, London, Greater London E15 2PT	£4,862	77	2	Flat
£330K	10/20	0.16 mi	20, Bisson Road, London, Greater London E15 2RD	£5,000	66	2	Flat
£323.7K	12/20	0.32 mi	Flat 56, Corbin House, Bromley High Street, London, Greater London E3 3BQ	-	-	2	Flat
£320K	04/23	0.37 mi	34, Brymay Close, London, Greater London E3 2SY	£6,163	52	2	Flat
£300K	11/20	0.41 mi	Flat 6, Dorrington Point, Bromley High Street, London, Greater London E3 3EL	-	-	2	Flat
£393K	06/21	0.43 mi	144, Bow Road, London, Greater London E3 3AH	-	-	2	Flat
£332K	06/21	0.54 mi	Flat 22, Denbury House, Talwin Street, London, Greater London E3 3JB	-	-	2	Flat
£412.7K	12/22	0.57 mi	82a, Bow Road, London, Greater London E3 4DL	£5,685	73	2	Flat
£430K	12/21	0.62 mi	7b, Tomlins Grove, London, Greater London E3 4NX	£6,466	67	2	Flat
£390K	04/23	0.69 mi	73, Hewison Street, London, Greater London E3 2HZ	£5,821	67	2	Flat
£355K	02/21	0.7 mi	Flat 17, Astra House, Alfred Street, London, Greater London E3 2BA	-	-	2	Flat
£455K	06/23	0.71 mi	Flat 22, Marina Court, Alfred Street, London, Greater London E3 2BH	-	-	2	Flat
£301.5K	03/23	0.71 mi	Flat 32, Wellington Buildings, Wellington Way, London, Greater London E3 4NA	-	-	2	Flat
£226K	03/23	0.76 mi	198, Campbell Road, London, Greater London E3 4ED	£2,975	76	2	Flat
£370K	08/21	0.77 mi	220, Campbell Road, London, Greater London E3 4ED	£5,692	65	2	Flat
£365K	02/21	0.78 mi	Flat 6, Barford House, Tredegar Road, London, Greater London E3 5HP	-	-	2	Flat
£500K	06/21	0.78 mi	7, Eden Way, London, Greater London E3 2JD	£9,434	53	2	Flat
£555K	09/21	0.78 mi	8, Eden Way, London, Greater London E3 2JD	£7,603	73	2	Flat
£365K	06/23	0.79 mi	9, Chopwell Close, London, Greater London E15 4RP	£6,655	55	2	Flat
£360K	02/23	0.8 mi	Flat 65, Winford House, Jodrell Road, London, Greater London E3 2LF	-	-	2	Flat
£400K	12/22	0.81 mi	1, Barnby Street, London, Greater London E15 4PY	£5,405	74	2	Flat
£325K	08/21	0.81 mi	9, Barnby Street, London, Greater London E15 4PY	£4,851	67	2	Flat
£332K	03/21	0.82 mi	170, Rounton Road, London, Greater London E3 4EX	£5,030	66	2	Flat
£340K	03/21	0.82 mi	110, Rounton Road, London, Greater London E3 4EX	£5,075	67	2	Flat
£310K	11/20	0.82 mi	47, Durban Road, London, Greater London E15 3BW	£4,471	69	2	Flat
£390K	06/21	0.85 mi	6, Gerry Raffles Square, London, Greater London E15 1BG	-	-	2	Flat
£380K	06/21	0.85 mi	31, Gerry Raffles Square, London, Greater London E15 1BG	£6,909	55	2	Flat
£415K	01/21	0.85 mi	119, Gerry Raffles Square, London, Greater London E15 1BQ	£5,895	70	2	Flat
£411.3K	09/21	0.86 mi	113, Fairfoot Road, London, Greater London E3 4EJ	£5,961	69	2	Flat
£343K	03/21	0.86 mi	159, Fairfoot Road, London, Greater London E3 4EJ	£5,310	65	2	Flat
£572K	06/21	0.87 mi	23, Tredegar Road, London, Greater London E3 2EH	£11,917	48	2	Flat
£572K	06/21	0.87 mi	23, Tredegar Road, London, Greater London E3 2EH	£11,917	48	2	Flat
£417K	04/23	0.87 mi	1, Regal Place, London, Greater London E3 2BG	£8,653	48	2	Flat
£302.5K	11/20	0.88 mi	21, Holland Road, West Ham, London, Greater London E15 3BP	£5,216	58	2	Flat
£367K	10/21	0.89 mi	1b, Aldworth Road, London, Greater London E15 4DN	£6,673	55	2	Flat
£385K	02/21	0.89 mi	1a, Aldworth Road, London, Greater London E15 4DN	£7,404	52	2	Flat
£341.5K	06/21	0.89 mi	1d, Aldworth Road, London, Greater London E15 4DN	£6,969	49	2	Flat
£500K	05/23	0.94 mi	128, Antill Road, London, Greater London E3 5BN	-	-	2	Flat
£275K	06/21	0.95 mi	Flat 5, Stafford Morris House, Church Street, Stratford, London, Greater London E15 3JY	-	-	2	Flat
£380K	06/23	0.95 mi	465, Mile End Road, London, Greater London E3 4PA	-	-	2	Flat
£415K	08/23	0.95 mi	Flat 13, Brine House, St Stephens Road, London, Greater London E3 5PG	-	-	2	Flat
£460K	12/22	0.98 mi	96, Hitchin Square, London, Greater London E3 5QF	-	-	2	Flat
£265.5K	10/21	0.98 mi	Flat 24, Bracken House, Devons Road, London, Greater London E3 3RG	-	-	2	Flat

Local Rents

50 rents from £1.5K/mo to £4.4K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,500	03/24	0.03 mi	Barley Lane, London	2	House
£2,500	03/24	0.04 mi	Malt House, Stratford Mill, E15	2	Flat
£2,475	03/24	0.04 mi	Malt House, Stratford Mill, E15	2	Flat
£1,950	04/24	0.05 mi	High Street, London, E15	2	Flat
£1,900	01/25	0.06 mi	-	2	Flat
£2,000	03/24	0.06 mi	High Street, London, E15	2	Flat
£1,900	02/25	0.06 mi	-	2	Flat
£2,100	04/25	0.06 mi	-	2	Flat
£2,000	04/25	0.06 mi	-	2	Flat
£2,000	04/25	0.06 mi	-	2	Flat
£2,200	03/24	0.06 mi	-	2	Flat
£2,000	03/24	0.06 mi	Central House, High Street, London, E15	2	Flat
£2,100	03/24	0.06 mi	-	2	Flat
£2,100	02/25	0.06 mi	-	2	Flat
£2,200	02/25	0.06 mi	-	2	Flat
£2,000	03/24	0.06 mi	Central house High Street, London, E15	2	Flat
£1,850	03/24	0.06 mi	Central House \| Stratford High Street \| E15	2	Flat
£2,000	03/24	0.06 mi	High Street, London, E15	2	Flat
£2,000	05/24	0.06 mi	Central house High Street, London, E15	2	Flat
£2,000	02/24	0.06 mi	-	2	Flat
£2,000	03/24	0.06 mi	-	2	Flat
£2,200	02/25	0.06 mi	-	2	Flat
£2,000	04/25	0.06 mi	-	2	Flat
£2,300	02/25	0.09 mi	-	2	Flat
£2,000	03/24	0.09 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,100	04/24	0.09 mi	George Hudson Tower, 28 High Street, Stratford, E15	2	Flat
£2,500	05/24	0.09 mi	-	2	Flat
£4,400	03/25	0.09 mi	-	2	Flat
£2,300	03/25	0.09 mi	-	2	Flat
£2,300	03/25	0.09 mi	-	2	Flat
£2,149	03/24	0.09 mi	High Street, Stratford	2	Flat
£2,000	05/24	0.09 mi	-	2	Flat
£2,000	01/25	0.09 mi	-	2	Flat
£1,900	01/25	0.09 mi	-	2	Flat
£2,100	02/24	0.09 mi	-	2	Flat
£2,200	04/24	0.1 mi	High Street, Stratford	2	Flat
£2,350	03/24	0.1 mi	-	2	Flat
£2,000	03/24	0.1 mi	High Street, Stratford, E15	2	Flat
£2,300	03/24	0.1 mi	Highland Street London E15	2	Flat
£2,200	05/24	0.1 mi	Thomas Frye Court, London, E15	2	Flat
£2,200	05/24	0.1 mi	-	2	Flat
£2,000	03/25	0.11 mi	-	2	Flat
£2,199	03/25	0.11 mi	-	2	Flat
£2,349	03/24	0.11 mi	High Street, Stratford	2	Flat
£2,180	03/25	0.12 mi	-	2	Flat
£1,700	04/24	0.13 mi	Otter Close, London	2	Flat
£1,700	04/24	0.13 mi	Otter Close, London	2	Flat
£1,520	03/24	0.13 mi	Otter Close, Stratford, E15	2	Flat
£1,900	03/24	0.13 mi	Otter Close, London E15	2	Flat
£2,000	05/24	0.13 mi	Otter Close, Stratford, E15	2	Flat

Local Area Statistics

Population in E15	52,19952,199
Population in London	4,771,9214,771,921
Town centre distance	4.07 miles away4.07 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.15 miles away0.15 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+16%+16%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £575,000

November 20, 2024

Floor Plans

Description

** Buy-to-let investment 5% Gross Yield ** +
Private balcony +
Two spacious bedrooms +
Spectacular views from the balcony +
Beautiful waterfront views all year round +
Close to neighborhood shops, cafes and restaurants +
Excellent transport connections +

Buy-to-let investment 5% Gross Yield Regent are excited to present this spectacular, brand new spacious two-bedroom apartment located conveniently in the Stratford Mill E15 district.

This unique property boasts a large fully equipped bathroom, a spacious open kitchen with a splendid dining and living room area. The breathtaking balcony is a hidden treasure that must be seen and enjoyed.

You will also find a beautiful roof garden with views overlooking the Bow Back River and much more.

Set amongst a thriving local community, the rest of the city is within easy reach thanks to frequent and fast rail links into Canary Wharf, the City, West End, and Europe from nearby Stratford and Stratford International stations.

A beautiful location with canal views and walkways make the area unique compared to others in Stratford.

Regent Property comply with the Tenant Fees Act 2019 and are members of The Property Ombudsman scheme. Our Client Money Protection is provided by the UKALA Total Loss CMP scheme. For more information please visit our website or call our office on the number above.

Agent Details

Regent Letting and Property Management, London

020 3834 8028

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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2 Bed Flat, Single Let, London, E15 2EU, £575,000

ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents